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28 May 2025 News

Baltic States reaffirm commitment to strengthen investment climate

The foreign investors and Baltic government leaders meeting in Riga confirmed that, despite ongoing geopolitical and economic pressures, Estonia, Latvia, and Lithuania remain attractive to foreign investors and are taking concrete steps to improve the region’s investment climate.

27 May 2025 News

The Latvian space scene: How startups can seize their share of the trillion-dollar market

The global space economy is rapidly expanding, nearing a trillion-dollar valuation and opening a universe of opportunities. Latvia is far from a newcomer in this booming sector. In fact, our track record in space innovation is remarkable. From the enduring use of Friedrich Zander’s calculations in modern space missions to the Ventspils radiotelescope, the largest …

27 May 2025 News

POSfinance secures 140 thousand euro investment from LatBAN

POSfinance, a fintech startup offering revenue-based financing solutions for small and medium-sized businesses, has raised 140 thousand euro extended pre-seed round from the Latvian Business Angels Network LatBAN. The funding will be used to scale operations, continue building an automated scoring engine, and issue new loans to customers in Latvia and future markets.

News

09 Jan 2025

Opposition stalls Saeima vote on new Climate Law

On Thursday, January 9, Parliament was unable to vote on the new Climate Law, which aims to ensure progress towards climate change mitigation and climate resilience, after the opposition did not ensure the quorum in the Saeima session.